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Microcap & Penny Stocks : Advance Gaming Technologies Inc. (AGTI) -- Ignore unavailable to you. Want to Upgrade?


To: Shaquapa who wrote (2325)5/6/1998 7:15:00 AM
From: Hardrocker  Read Replies (2) | Respond to of 4539
 
Shaquapa,

The new guy stepped into a mess he didn't create. It could take some time and different financiers. Give him time to sort it out.

This is exactly how I see the picture, too. Jerome is right about the critical importance of financing, even though I was kidding him in my last post. (Jerome, I hope you realize that I do respect you for always saying exactly what's on your mind, be it positive or negative.)

But let's face it. The financing decision is going to be very difficult for the financing institution, whomever it may be. We can't exactly talk about profits just yet, so the financier must rely upon an assessment of past history and probable future worth. The first one (past history) isn't too difficult to assess, but won't win us any sort of credit line. So, IMHO, it's the second one (probable future worth) which will determine whether this financing deal is a go. If the company actually succeeds in securing a reasonable financing package (reasonable is the operative word), I interpret this to be a positive signal for the future.

Best Regards,
Hardrocker